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Yuzhny Kuzbass BOD approved several deals aimed to raise the syndicated credit in the volume of $900mln, the company informed.

The loan includes the 3-year A credit ($360mln) and 5-year B credit ($540mln).

Yuzhny Kuzbass involves 4 coal pits, 3 mines and 3 enrichment plants. The coal output last year increased 9.1% to 18.56mln ton from 17mln ton.

The share capital is worth 1.444mln rub. split in common stocks of 0.04 rub. par each. The major holder is Mechel Mining having 93.4813% as Mechel sub .

The IH net profit (RAS) gained 3.928bn rub. against 1.891bn rub. in losses; revenues being up to 17.209bn rub. from 7.361bn rub.; profit from sales- 7.247bn rub. from 352.72mln rub.; pretax profit - 4.82bn rub. vs. 2.208bn rub. in losses

"AK&M", 02/09/2010